Hong Kong, September 18, 2000
Fourth WAP Initiative to Extend chinadotcom's Portal Network To Wireless Users
— chinadotcom corporation (NASDAQ: CHINA; Website: www.corp.china.com), the leading pan-Asian integrated Internet company, has signed a memorandum of understanding (MOU) with Motorola Electronics Taiwan Limited (Motorola), providing for chinadotcom to make content from its Greater China portal network (taiwan.com, china.com and hongkong.com) available to users of Motorola's Wireless Application Protocol (WAP) enabled mobile phones. This strategic alliance with a leading global mobile phone manufacturing reflects the continuing implementation of chinadotcom's multi-pronged wireless strategy of partnering with mobile phone manufacturers and mobile phone service operators.
Motorola's WAP-enabled mobile phone customers in Taiwan will be able to quickly and conveniently get access anytime, anywhere to chinadotcom's extensive online information and services, including news, stock quotes, weather, sports, and emergency services. chinadotcom was among the first within the Internet industry to build the infrastructure for wireless Internet access by initiating alliances with mobile phone manufacturers and mobile service operators.
Recently, chinadotcom partnered with Siemens Shanghai Mobile Communications Ltd. to provide users of Siemens' WAP-enabled phones in China with access to chinadotcom's portal network. This China-wide initiative was followed by chinadotcom's subsidiary hongkong.com agreeing with New World Mobility, a leading mobile phone operator in Hong Kong, to promote linking by Hong Kong WAP mobile phone users to wap.hongkong.com content, which includes more than twelve '4U' community products such as WAP4U, Points4U, Mail4U, Search4U, Home4U, and Auction4U. A third wireless initiative came next in the form of a joint venture with InfoisLive.com Ltd. to market its innovative wireless products and services in Japan, Korea, China and the US. The agreement with Motorola in Taiwan deepens chinadotcom's portal reach into all of Greater China.
"I believe that chinadotcom is the first in the region to achieve such success in extending its portal network to the wireless market by partnering with leading phone manufacturers like Motorola. Mobile Internet access is exploding in popularity and now access to chinadotcom's leading portals is just a phone call away. The freedom, flexibility and convenience afforded by WAP access will empower mobile users as they easily interact with chinadotcom's superior online information and services," said Peter Hamilton, Chief Operating Officer and Chief Financial Officer, chinadotcom corporation.
The Wapsite, wap.taiwan.com, has been specifically designed by chinadotcom's experienced technical team to optimize the information displayed on mobile phones using state-of-the-art technology. This attention to detail, commitment to excellence and the provision of rich and compelling content will reinforce chinadotcom's place as the portal network of choice in Greater China. The alliance also provides for Motorola to link content from its WAP and Website to chinadotcom's portal network.
"Motorola has an extensive user base in Taiwan and this alliance with chinadotcom corporation, will allow our customers to receive the latest online information and keep abreast of the latest trends. The mobile Internet is not a fad, but a reality, one that will continue to grow and shape the development of the Internet in Asia," said James Chen, Business Development Manager of Motorola Electronics Taiwan Limited.
IDC recently released a report which predicted that by mid-2001, all mobile phones shipped globally will be WAP-enabled, and by 2002, there will be more wireless Internet access than wired. Industry experts agree that the mobile phone will be the most pervasive method of accessing the Internet by as early as 2002, when the worldwide mobile phone user base is expected to reach 1 billion. Mobile phone penetration in Taiwan is currently 62% and will continue to increase, as mobile Internet access becomes the prefered connection for people on the move.
About chinadotcom corporation
chinadotcom corporation (NASDAQ: CHINA) is a leading pan-Asian integrated Internet company offering web solutions, portal and online advertising services. Through its three business units, chinadotcom provides a full range of Internet services around the Asia Pacific region that; 1) build e-business strategies and solutions (Web Connection), 2) distribute content via its portal network platform (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online marketing (24/7 Media Asia Limited).
Fuelling the growth of each of these three business units is a synergistic investment strategy that leverages off chinadotcom's existing operational and cost infrastructure. By partnering with companies that have proven and successful track records, such as America Online, Softbank, Trans Cosmos and Agence France Presse, chinadotcom is well-positioned to create long term shareholder value through its investments.
The company has offices in more than 10 markets, including Japan, Korea, Australia, China, Hong Kong, Taiwan, Singapore, Thailand, Malaysia, and USA. For more information about chinadotcom corporation, please visit www.corp.china.com.
About Motorola Electronics Taiwan Limited (Motorola)
Motorola, Inc. (NYSE: MOT) is a global leader in providing integrated communications and embedded electronic solutions. Sales in 1999 were $33.1 billion. For more information, please visit the Motorola website at http://www.motorola.com.
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